Good to hear from you. I will gladly share my knowledge with you if needed.

I just have a glance over your blog as I just accidentally came into this & I found out that there are lots of things I need to learn from you….

I don’t have the habits of reading ppl’s blog but I think I am very interested on yours…sounds great right? ^_~

Anyway, Im staying Penang too actually….more doubts from me that haven’t “resolve” need clarification from you in future probably…hope you will not mind to lend me a hand of yours…

Best regards,
Corene.

Currently I don’t have any downline at JB. I was living in Skudai for 5 years during my study in UTM. Even though I am staying in Penang, I still have a few clients in JB and Singapore.
When you need any support, I have a few colleagues who will be helpful if necessary.

Regarding GE ILHP (Health Protector) as you mentioned, I am impressed that you got all the info accurately. Before HP was introduced years ago, GE sell another H&S plan called SHCB. The policyholder who bought SHCB were offered free-underwriting upgrade to HP. That means as long as they are willing to pay for the new plan (HP), they don’t have to go through all the medical & health requirement.

I believe whenever there is any major changes of policy, the existing policyholders will be given a compatible offer.

Hope this answer your question.
Thanks for your participation in this blog. You should try the forum. I think you will like it : forum.kclau.com

Appreciate your view on this matter.

BTW, do you have any downline in JB whom I can support when the need arise? If I need to upgrade my existing policies, you should be the one who deserve my business.

The other plans are still available because they still have the market. Some people just don’t like “investment” linked to their protection.

Some people can’t save money so they need endowment plan to force them into the habit of saving money. Some people like to have adequate protection while provide some nest egg during retirement.

There is no one plan that can suit all. That’s why any kind of plan will get its buyer. I think you know what I mean.

But since investment-link would be the cheapest, then why don’t we all shift all our traditonal policies to ILP. Considering the fact that the sharp increase in insurance charges would only occur after the age of 65, we can just surrender our ILP at that time. Most people do not need protection after 65 anyway.

Appreciate yr comments.

“Buy term and invest the rest” is a great concept. I found the cheapest term insurance in investment-linked policy.

I just want to say that your website is excellent. Good analysis and advice. I wish more insurance agents were like you.

Having said that, what is your opinion on the philosophy of ‘buying term and invest the rest’?

Thanks,Chris